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Session Laws, 1935
Volume 579, Page 552   View pdf image (33K)
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552 LAWS OF MARYLAND. [CH. 281

or perennial, including fruit crops, grown or growing, either
already planted or to be planted and/or maturing within
one year from the execution of such mortgage. Such mort-
gage shall be a lien upon the property therein described
from the time of the docketing of such mortgage as pro-
vided for herein, which lien shall be good and valid against,
and superior to all rights of, subsequent creditors, purchas-
ers, mortgagees, and other lienors and encumbrancers, and
any of them, and for the purposes of this Act, all such prop-
erty shall be deemed to be personal property and mortgage-
able as such.

54B. Lien or Mortgage on Crops. The lien of any mort-
gage on crops executed in pursuance of the provisions of
this Act shall be superior to any mortgages or judgments
or other liens upon the land upon which any such crop has
been so seeded and/or may be growing, and any sale made
under any mortgage or judgment or other lien upon such
land before said crop has been severed shall be made sub-
ject to the lien on said crops as provided for in this Act;
provided, however, that the provisions of this Act shall not
in any manner whatever affect any mortgage or judgment,
or other lien upon the land, recorded prior to the approval
of this Act.

54C. Future Advances. Any such mortgage may secure
future advances to be made by the mortgagee, at its option,
within a period of five years from the execution of such
mortgage, but not to exceed in the aggregate an amount
stated in such mortgage; and all advances so made shall be
secured by such mortgage equally and to the same extent
as the amount originally advanced on the security of such
mortgage, and all such future advances shall be a lien upon
the property therein described from the time of the docket-
ing of such mortgage, good and valid against and superior
to all rights of subsequent creditors, purchasers, mort-
gagees and other lienors and encumbrancers and any of
them.

54D. Replacements: Fodder Crops, etc. Such mortgage
may include replacements of any of the mortgaged property
therein described and all increase of animals and livestock
of all kinds. No chattel mortgage of livestock and hay,
grain or other food stuffs shall be invalid in any particular
because provision is contained therein, or the mortgagee
consents, that the mortgagor may use and consume food,
forage and/or fodder crops in preserving and preparing for
market the livestock covered thereby.

 

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Session Laws, 1935
Volume 579, Page 552   View pdf image (33K)
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